GlobalBlock Digital Asset Trading (TSXV:BLOK.H) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is GlobalBlock Digital Asset Trading Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. GlobalBlock Digital Asset Trading's cash to debt ratio for the quarter that ended in Dec. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, GlobalBlock Digital Asset Trading could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for GlobalBlock Digital Asset Trading's Cash-to-Debt or its related term are showing as below:

TSXV:BLOK.H' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, GlobalBlock Digital Asset Trading's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

TSXV:BLOK.H's Cash-to-Debt is not ranked
in the Capital Markets industry.
Industry Median: 2.37 vs TSXV:BLOK.H: No Debt

GlobalBlock Digital Asset Trading Cash-to-Debt Historical Data

The historical data trend for GlobalBlock Digital Asset Trading's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

GlobalBlock Digital Asset Trading Cash-to-Debt Chart

GlobalBlock Digital Asset Trading Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

GlobalBlock Digital Asset Trading Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of GlobalBlock Digital Asset Trading's Cash-to-Debt

For the Capital Markets subindustry, GlobalBlock Digital Asset Trading's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GlobalBlock Digital Asset Trading's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GlobalBlock Digital Asset Trading's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GlobalBlock Digital Asset Trading's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

GlobalBlock Digital Asset Trading Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

GlobalBlock Digital Asset Trading's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

GlobalBlock Digital Asset Trading had no debt ⁽¹⁾.

GlobalBlock Digital Asset Trading's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

GlobalBlock Digital Asset Trading had no debt ⁽¹⁾.

GlobalBlock Digital Asset Trading (TSXV:BLOK.H) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

GlobalBlock Digital Asset Trading Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of GlobalBlock Digital Asset Trading's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

GlobalBlock Digital Asset Trading Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GlobalBlock Digital Asset Trading Ltd (TSXV:BLOK.H) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Curzon Street, London, GBR, W1J 8PE

Website

https://www.globalblockdigital.com

GlobalBlock Digital Asset Trading Ltd is a digital asset broker that provides a personalized telephone brokerage service, trading platform, and mobile application. The company acts as a trusted agent serving the digital asset needs of individuals, corporates, institutional financial firms, and intermediaries, providing services for execution of trading and safe custody of digital assets.

GlobalBlock Digital Asset Trading Headlines

No Headlines

GlobalBlock Digital Asset Trading (TSXV:BLOK.H) Cash-to-Debt : No Debt (1) (As of Dec. 2024)